GLOBALIZATION, MULTINATIONAL CORPORATION AND THE NIGERIAN ECONOMY: ARE THERE POLICY OPTIONS?
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Abstract
The pei'vasive nature of globalization and the corresponding socio-economic impact of multinational corporations on the Nigerian Economy is germane to this paper. Unarguably, however, while it is a possibility that multinalism and globalism engender trade linkages, enhance information transfer and improve technology, etc; it is also important to stress that the same entrenches inequality, exploitation and eventually implant poverty in their host countries. The study submits that multinalism has changed the people's consumption pattern from African food to those of the imperialists. The paper concludes with policy statements by way of recommendations in order to leapfrog Nigeria's developmental agenda devoid of foreign incursion in the socio-economic and political scheme of things.